Medivir AB (Medivir) is a pharmaceuticals company. It undertakes the research and development of drugs for high-value treatments of infectious diseases. The company operates through two business segments, namely, Pharmaceuticals segment and Parallel Import segment. The Pharmaceuticals segment comprises research and development of new products, manufacturing, marketing and commercialization of pharmaceuticals whereas the Parallel Import segment is engaged in importing pharmaceuticals products from other European countries. Its product portfolio is principally focused on eight therapies categorized under infectious diseases (Hepatitis C, HIV, shingles, Hepatitis B and cold sores) and other indications.(bone related, neuropathic pain and Dengue fever). The company has only one commercialized product, Xerclear targeted towards Herpes labialis. Geographically, the company operates through four subsidiaries, namely, Medivir HIV Franchise AB, Medivir Personal AB, Medivir UK Ltd. and BioPhausia AB. Medivir is headquartered in Huddinge, Sweden.
The company focuses on successful development of its existing product pipeline and expanding it to other geographic markets as well as discover new drug candidates in targeted therapeutic areas through various research and development collaborations and agreements. This intent is reflected from the recent launch of Xerclear and the completion of enrollment for the global phase-III clinical trials for TMC-435. It also acquired BioPhausia with the main focus on strengthening its commercial platform and also expanded its existing partnership with Bristol-Myers Squibb Company, for expanded clinical study program to conduct a drug-drug interaction study with TMC435 and BMS-986094.
Medivir AB Key Recent Developments
Aug 30, 2011: Medivir Announces Senior Management Changes
Aug 31, 2011: Medivir Reports Net Sales Of SEK322.9m In Q2 2011
Feb 23, 2012: Medivir Reports Net Sales Of SEK131.8m In Q4 2011
Oct 24, 2011: Medivir Reports Revenue Of SEK122.2m In Q3 2011
Sep 26, 2011: Medivir Appoints Maris Hartmanis As New CEO
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- Executive biographies – A brief summary of the executives’ employment history.
- Key operational heads – A list of personnel heading key departments/functions.
- Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
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- Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
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